Binance
Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.
Will This Contagion Spread?
Binance backs out, but could FTX still be saved? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX
Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador to the World Trade Organization, tweeted late Wednesday that he and his team were "putting together a solution" with beleaguered cryptocurrency exchange FTX, hours after Binance announced it would not move forward in a deal to acquire the company. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.
Binance publica direcciones de billeteras con US$69.000M en reservas cripto
El exchange dijo que mostrará sus pruebas de fondos en las próximas semanas.
Binance Releases Wallet Addresses of $69B Crypto Reserve
The exchange said it will share its proof-of-funds in the coming weeks.
FTX Faces US Justice Department Probe: Report
FTX already faced other state and federal investigations.
8 Days in November: What Led to FTX’s Sudden Collapse
Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future.
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.
FTX Website Experiences Temporary Outage, Warns Users Not to Make Deposits
While the FTX US website remains operational, FTX.com is experiencing widespread outages.
Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?
A day after signing a letter of intent to buy struggling rival FTX, crypto exchange Binance seems highly unlikely to go through with the acquisition, according to a CoinDesk source. This comes after a huge wave of withdrawals drained FTX of liquidity and effectively froze the platform. Chief Insights Columnist David Z. Morris discusses the latest in the proposed Binance-FTX deal.
